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A23
TUESDAY,
JUNE 17,
2014
• Twitter: @GuardianTT • Web: guardian.co.tt
AMSTERDAM---Greenpeace has
suffered a 3.8 million-euro ($5.2 million)
loss on an ill-timed bet in the currency
market by a well-intentioned---if
reckless---employee in its finance
department. The environmental group,
which is based in Amsterdam, said
Monday the employee---who had bet
the euro would not strengthen against
other currencies in 2013, when it did---
had acted beyond the limits of his
authority. Greenpeace International
fired the employee, whom it did not
identify, but said there was no evidence
of fraud.
"Every indication is, this was done
with the best of intentions but not the
best of judgment," said spokesman
Mike Townsley in a telephone interview
from Mexico.
He said the organisation was deeply
concerned that the incident would
offend its supporters, and apologised.
Greenpeace does not accept
contributions from companies or
governments and is funded entirely by
individuals. (AP)
Greenpeace loses $5.2m on rogue employee trading
MOSCOW---Russia cut gas supplies to Ukraine
yesterday after negotiators failed to reach a deal
on Ukraine s unpaid gas bills and future gas
prices amid deep tensions between the two
neighbours over eastern Ukraine.
The decision provoked strong words from both
sides but does not immediately affect the crucial
flow of Russian gas to Europe. Ukraine itself has
enough reserves to last until December, according
to the chief of Ukraine s state gas company
Naftogaz.
Still, the Russian move could disrupt Europe s
long-term energy supplies if the issue is not
resolved, analysts said. Previous gas disputes left
Ukraine and some Balkan nations shivering for
nearly two weeks in the dead of winter.
Ukraine, one of the most energy inefficient
countries in Europe, has been chronically behind
on payments for the Russian natural gas needed
to heat its homes and fuel its industries. In addi-
tion, Russia had been giving its neighbour cut-
rate sweetheart deals on gas for various political
reasons, a practice that came to a halt April 1.
Russia had demanded a payment of $1.95 billion
by yesterday for past-due bills. At talks over the
weekend in Kiev, Ukraine was ready to accept a
compromise of paying $1 billion now and more
later, but Russia didn t accept the offer, the Euro-
pean Commission said. (AP)
Although Shawn Kinmartin flies planes for
a sky diving service, he hadn t done any sky
diving himself.
But on Saturday he didn t have a choice. The
21-year-old s Cessna had been seriously damaged
when a sky diver jumped out and hit a key piece
of the aircraft, Kinmartin explained yesterday.
To have a shot at survival, he d have to jump.
But before the heart-pumping moment, Kin-
martin tried to steady his plane, cruising at 11,500
feet over eastern Missouri and southern Illinois.
A fellow pilot flew up in another plane to help
assess the damage. The pilot checked out Kin-
martin s plane and signalled to him that the tail
was badly bent. Hopes of an emergency landing
at an airport in Festus, Missouri, about 35 miles
south of St Louis, were dashed.
"We realised that I wouldn t be able to perform
the landing," Kinmartin recalled.
Plus, he said, there was a car show at the
airport and the runway was too short.
The decision to jump made, Kinmartin pointed
the aircraft in the direction of Illinois farmland---
the least populated area possible---and jumped,
pulling the cord on the parachute pack he was
already wearing. Kinmartin watched his plane
crash as he floated 1,500 feet into a soybean field.
There were no injuries. (CNN)
Recruiting: Iraqi men board military trucks to join the Iraqi army at the main
recruiting centre in Baghdad, Iraq, Saturday. AP PHOTO
WASHINGTON---The Obama
administration is willing to talk with
Iran over deteriorating security con-
ditions in Iraq and is not ruling out
potential US-Iranian military co-
operation in stemming the advance
of Sunni extremists, Secretary of
State John Kerry said yesterday.
Kerry also said in an interview with
Yahoo! News that US drone strikes
"may well" be an option.
Kerry said Washington is "open to
discussions" with Tehran if the Ira-
nians can help end the violence and
restore confidence in the Iraqi gov-
ernment. Asked about possible mil-
itary co-operation with Iran, Kerry
said he would "not rule out anything
that would be constructive." How-
ever, he stressed that any contacts
with Iran would move "step-by-
step."
US officials said earlier there is a
possibility that Undersecretary of
State William Burns may discuss Iraq
with an Iranian delegation at nuclear
talks in Vienna. In the last week,
Sunni militants took Iraq s second-
largest city, Mosul, and Saddam Hus-
sein s hometown of Tikrit in a light-
ening offensive that has plunged Iraq
into its worst crisis since the 2011
withdrawal of US troops.
Over the weekend, militants posted
graphic photos that appeared to show
their gunmen massacring scores of
captured Iraqi soldiers.
With Baghdad threatened by the
militants advance, the State Depart-
ment reinforced security at the US
Embassy and sent some personnel
out of town.
Much of the embassy staff will
stay in place, State Department
spokeswoman Jen Psaki said in a
statement released Sunday.
Some embassy staff members were
being temporarily moved elsewhere
to more stable places at consulates
in Basra, in the Shiite-dominated
south of Iraq, and Irbil, in the Kurdish
semi-autonomous region in north-
eastern Iraq, and to Jordan, she said.
(AP)
Iraqis who have fled the violence in their
hometown of Mosul arrive at Khazir refugee
camp outside of Irbil, 350 kilometres north of
Baghdad, Iraq, yesterday. AP PHOTO
IRAQ---Over the past decade, Iraqi Christians
have fled repeatedly to this ancient moun-
tainside village, seeking refuge from violence,
then returning home when the danger eased.
Now they are doing it again as Islamic mil-
itants rampage across northern Iraq, but this
time few say they never want to go back to
their homes.
The flight is a new blow to Iraq s dwindling
Christian community, which is almost as old
as the religion itself but which has already
been devastated since the 2003 US-led invasion.
During the past 11 years, at least half of the
country s Christian population has fled the
country.
Now many of those who held out and
remained may be giving up completely after
fighters belonging to the Islamic State of Iraq
and the Levant swept over the city of Mosul
and a broad swath of the country the past
week.
"I m not going back," said Lina, who fled
Mosul with her family as the militants swept
in and came to Alqosh.
In leaving, the Christians are emptying out
communities that date back to the first cen-
turies of the religion, including Chaldean,
Assyrian and Armenian churches. (AP)
Russia cuts gas
supply to Ukraine
IRAQ CRISIS
US 'willing to
talk' with Iran
Iraqi Christians
flee homes
Pilot jumps from his
own damaged plane